Financial Vulnerability, Spillover Effects, and Contagion: Lessons from the Asian Crises for Latin America (World Bank Latin American and Caribbean Studies. Viewpoints)
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There is already a large and growing literature about the financial crises affecting several former star economic performers in Asia. Some analysis have focused on the mismanagement of the structure of foreign debt and economic policies, while others have focused on weaknesses ingrained in the domestic financial and banking sectors of these economies. This paper attempts to reconcile these alternative explanations in a simple framework, where the causes and symptoms of "financial vulnerability" are distinguished.
Best prices to buy, sell, or rent ISBN 9780821342282
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